Commercial Aircraft Leasing Market "“ Increase In The Number of Air Passengers Coupled With Increase In Volume of Freight
Commercial aircraft leasing refers to the leasing of aircraft operators to increase the capacity and operate the aircraft without bearing the financial burden of buying the aircraft. There are two types of commercial aircraft leasing; short term leasing which is also known as wet leasing and long term leasing which is also known as dry […]
International travel up 5% through Miami International Airport
The number of international passengers traveling through Miami International Airport this year is nearly 5% ahead of the same period in 2017, most recent data from the Miami-Dade Aviation Department show. Those international passengers are coveted in most areas of business, from real estate to retail sales, and in restaurants and hotels. Those who stay […]
Iata warns against Heathrow night-flight ban
The UK"™s economic competitiveness would be seriously damaged by a total ban on night flights at Heathrow, Iata warned. Important export industries and regional growth would both be affected, according to the airline trade body. Iata said early morning arrivals were "vital for passenger"™ business connections into London and the UK region". "Early morning arrivals […]
Alaska Airlines Announces Basic Economy
Seattle-based Alaska Airlines has announced the introduction of a basic economy fare for its passengers. The announcement was made during an earnings call earlier this week. The new fare class will be called "Saver Fare," with Alaska joining American, United and Delta in offering a no-frills, basic fare. The launch date for when passengers can […]
JetBlue returns to Ontario airport as the airline battle for Southern California heats up
The competition for Southern California air travelers is heating up, with JetBlue Airways trying to draw new passengers by returning to Ontario International Airport after a 10-year absence and increasing its flights out of Burbank and Palm Springs. The announcement of the new routes, starting as early as September, comes only months after JetBlue’s biggest […]
VINCI Airports enlarges its network of airports in the United States, the United Kingdom, Costa Rica and Sweden
VINCI Airports enlarges its network of airports in the United States, the United Kingdom, Costa Rica and Sweden Signature of an agreement to acquire the portfolio of Airports Worldwide, comprising two freehold property airports, three airports under concession and four under full management contracts as well as three partial management contracts in American airports. A […]
IATA bats for new international airport in Mexico
The International Air Transport Association (IATA) has pledged its strong support to construct a new international airport in the Mexico City that was launched in 2014, to replace Benito Juárez International Airport. "The current airport is bursting at the seams. It serves 47 million passengers, which is almost 50 percent higher than its design capacity […]
Strong Passenger Demand Resumes; Record Load Factor in February
The International Air Transport Association (IATA) announced global passenger traffic results for February showing a rebound in traffic growth following the slower demand experienced in January, which was owing to temporary factors including the later timing of the Lunar New Year in 2018. Total revenue passenger kilometers (RPKs) for the month rose 7.6%, compared to […]
ALTA: Proposed Colombian travel tax will damage competitiveness
The Latin American & Caribbean Air Transport Association (ALTA) has spoken out against a national air passenger travel tax"”which would charge a COP8,000 ($2.86) fee for Colombian passengers and COP13,935 fee for international passenger"”proposed by Bogota, Colombia mayor Enrique Peñalosa, who said the tax is necessary for road infrastructure investment. In its April newsletter, ALTA […]
Azul intends to open flights to up to 35 new cities in the coming years
The arrival of air service to a city gets the attention of local business people and entrepreneurs; it also sparks the interest of someone planning a holiday or work trip, and consequently supports and boosts the local economy. With this vision, Azul plans to expand its network by up to 35 new cities in the […]
